Business Definition Modernization

A Business qualifies for the smallest category it meets based on either employee count OR average Salary+Benefits
”Improving Business classifications will give more breathing room to small business”

- Microbusiness : Expanded from 10 to 20 Employees or $50,000 Salaries
- Small Enterprise : New Class, 21 - 100 Employees or $100,000 Salaries
- Small Business : 101 - 500 Employees or $200,000 Salaries
- Large Enterprise : 501 - 2500 Employees or $500,000 Salaries
- Large Business : 2501+ or +$500,000 Salaries

Prevent billion-dollar firms from siphoning resources meant for smaller business classifications, local economies, and true small business.

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Community Wealth Co-Op Grant Act

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